Newsig · Financial Times

US House panel votes to hold Leon Black in contempt over Epstein subpoena

Committee unanimously passes resolution, advancing the measure to the full chamber

Why it matters

BX (Blackstone) · Why linked: Leon Black is the former CEO and co-founder of Blackstone; legal/regulatory issues affect the firm's reputation. Market context: Bearish — headline risk on a founder figure may weigh on sentiment, though Black has long been retired from Blackstone.

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